Apr
what are some ways to save money?
Answer:
Write a budget. Find out where every dollar you earn is going. This will show you how much you have left over at the end of the month. You can opt to take this excess $$ and put it into a savings account (I recommend INGdirect.com) Have a friend who has an account refer you, and you get $25. hint I can be your friend ;). Now you can set up automatic withdrawals from your hometown checking account to transfer to ING and let your money grow until you get a few thousand saved up.
Once your budget is written out and you can see where every dollar is being spent, you can get more vigilant about where you are spending money. ie. Do you really get a benefit from spending $5 daily or weekly at Starbucks. Could you eat at home more meals than dining out.. etc… You will see that your money easily disappears with day to day life. However, if you can program yourself to say, I want to be rich, out of debt, in control, etc… then you can do anything.
Check out a few local books from your library or browse them for a few hours at the bookstore. "The Total Money Makeover" by Dave Ramsey and "The Automatic Millionaire" by David Bach. I know Dave Ramsey has a nationally syndicated radio show, and can also be heard live online from his site www.daveramsey.com.
Good Luck, and Make lots of $$$!
Answer:
Shop at Menards.
Answer:
first open a savings account, then have some money deposited in that account every time you get paid at work. once you reach $500 you can open a certificate of deposit. A certificate of deposit (CD) is similar to a savings account, however it is not accessible to you until the term is up. When the term is up (3 months, 6 months, etc) you have accrued more money on your OWN MONEY! there are financial institutions that have accounts for individuals with the age of 13-25, which actually offer CD's that you can make deposits of $25 whenever you can up until you reach $2000. this is a good step.
also, once you save $500 you can get a savings secured loan or visa, which is a loan or visa against your own money. that money is placed on hold until you have decided to either pay off the loan or close the credit card after paying it off. this helps you improve your credit score.
GOOD LUCK!
Answer:
Many years ago, when I was a youngster, I had a real problem with saving money. I would spend it eating out, or going out with my buddies.
One day I realized what a fool I was and decided to stop it. However, I knew that if I had the money in my hands, it would get spent.
So I opted to open a DRIP Plan. That was 22 years ago, and the DRIP has been the best investment I have ever made. And the best part, I got interested in investing.
There are many investment plans you can look into, but I would recommend a DRIP. Send the money away where you don't have immediate access to it, and you will save.
Best of Luck
Answer:
Just don't spend it. easy doesn't it?